The Addition of Thompson Strengthens
Turtle Beach’s Retail Expertise as theGaming Accessory Brand Begins the Next Phase
of Global Expansion

San Diego, CA –
August 13, 2019 – Turtle Beach (Nasdaq: HEAR), a leading gaming
accessory brand, announced the appointment of Kelly Thompson as the newest
member of the Company’s Board of Directors, effective August 12, 2019. Thompson
will be a member of the Company's Compliance and Governance Committee.

Ms. Thompson most
recently was Senior Vice President, Chief Operating Officer of Samsclub.com,
the ecommerce division of the membership-only retail warehouse clubs owned and
operated by Walmart Inc. During that time, she served as a member of Sam's Club
Leadership Committee and was responsible for a multi-billion-dollar omni
P&L as well as the “Digital” strategic workstream. Prior to this role, she
was Senior Vice President, Global Category Development for Walmart eCommerce and
Senior Vice President Merchandising, Planning, and Marketplace for Walmart.com.
Additionally, Ms. Thompson held key merchandising leadership roles during her
10 years at Gap, Inc.

“Kelly’s strong background in
traditional and online retail is a perfect addition to our board and exactly
what we were looking for,” said Ron Doornink, Chairman of the Board, Turtle
Beach Corporation. “Continuing to serve all of our retail partners well is a
key focus for us, and Kelly’s deep retail knowledge and experience will
contribute in this area. We’re very pleased to welcome Kelly to our team.”

Added Ms. Thompson, “I’m delighted to
join the experienced board at Turtle Beach, particularly in this exciting time
of global expansion. I’m very impressed with the Company, its strong brand, and
the focus on delivering great products to consumers in close collaboration with
retail partners.”

Throughout her
career, Ms. Thompson has championed diversity in the workplace through her
development of individuals and teams and was selected by the Walmart CEO to
serve as chairperson of Walmart’s global women’s advisory group. Additionally,
she currently serves on the Fund Development Committee for the Board of Glide
Foundation, a San Francisco institution that seeks to change lives in
vulnerable communities.

Turtle Beach (www.turtlebeach.com)
is a leading gaming accessory brand, offering a wide selection of cutting-edge,
award-winning gaming headsets. Whether you’re a professional esports athlete,
hardcore gamer, casual player, or just starting out, Turtle Beach has the
gaming headset to help you truly master your skills. Innovative and advanced
technology, amazing high-quality gaming audio, crystal-clear communication,
lightweight and comfortable designs, and ease-of-use are just a few features
that make Turtle Beach a fan-favorite brand for gamers the world over. Designed
for Xbox, PlayStation®, and Nintendo consoles as well as for PC, Mac®,
and mobile/tablet devices, owning a Turtle Beach gaming headset gives you the
competitive advantage. Hear Everything. Defeat Everyone®. In June
2019 Turtle Beach acquired ROCCAT, a leading PC accessories maker that combines
detail-loving German innovation with a genuine passion for designing the best
PC gaming products. Turtle Beach’s shares are traded on the Nasdaq Exchange
under the symbol: HEAR.

Cautionary Note on Forward-Looking Statements

This press release includes forward-looking information and
statements within the meaning of the federal securities laws. Except for
historical information contained in this release, statements in this release
may constitute forward-looking statements regarding assumptions, projections,
expectations, targets, intentions or beliefs about future events. Statements containing
the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”,
“plan”, “estimate”, “target”, “goal”, “project”, “intend” and similar
expressions, or the negatives thereof, constitute forward-looking statements.
Forward-looking statements involve known and unknown risks and uncertainties,
which could cause actual results to differ materially from those contained in
any forward-looking statement. Forward-looking statements are based on
management’s current belief and expectations, as well as assumptions made by,
and information currently available to, management.

While the Company
believes that its expectations are based upon reasonable assumptions, there can
be no assurances that its goals and strategy will be realized. Numerous factors,
including risks and uncertainties, may affect actual results and may cause
results to differ materially from those expressed in forward-looking statements
made by the Company or on its behalf. Some of these factors include, but are
not limited to, risks related to the substantial uncertainties inherent in the
acceptance of existing and adoption of future products, the difficulty of
commercializing and protecting new technology and products, the impact of
competitive products and pricing, general business and economic conditions,
risks associated with the expansion of our business including the
implementation of any businesses we acquire and the integration of such
businesses within our internal control over financial reporting and operations,
our indebtedness, the Company’s liquidity, and other factors discussed in our
public filings, including the risk factors included in the Company’s
most recent Quarterly Report on Forms 10-Q and 10-K and the Company’s
other periodic reports. Except as required by applicable law, including the
securities laws of the United States and the rules and regulations of the
Securities and Exchange Commission, the Company is under no obligation to
publicly update or revise any forward-looking statement after the date of this
release whether as a result of new information, future developments or
otherwise.

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*Trademark Information: HyperSound® and HSS are registered trademarks of Turtle Beach Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.